Moscow, 25 May 2005. On 24 May 2005, the Federal Service for the Financial Markets of Russia (FSFM) registered the share issue and share placement report of OAO "GRES-24" ("TPP-24") spun off in the course of restructuring of OAO "Mosenergo".
In accordance with the Resolution on share issuance and the share placement report, the Company issued 28,249,359,700 ordinary shares, par value of RUB0.02 per share, for a total value of RUB564,987,194. The state registration number assigned to the share issue is 1-01-65108-D.
The new company was registered with the authorities on 1 April 2005.
The share register of OAO "GRES-24" is maintained by ZAO Reestr-Servis.
Previously, the FSFM of Russia registered the share issues of the companies spun off from OAO "Kalugaenergo", OAO "Bryanskenergo", OAO "Belgorodenergo", OAO "Voronezhenergo", OAO "Chuvashenergo", OAO "Vladimirenergo", OAO "Marienergo", OAO "Penzaenergo", OAO "Udmurtenergo", OAO "Karelenergo", OAO "Ryazanenergo", OAO "Kostromaenergo", OAO "Ivenergo", OAO "Yarenergo", OAO "Rostovenergo", OAO "Tverenergo", OAO "Chelyabenergo", OAO "Mordovenergo", OAO "Kurskenergo", OAO "Nizhnovenergo", OAO "Smolenskenergo", OAO "Tambovenergo", OAO "Astrakhanenergo", OAO "Volgogradenergo", and OAO "Lipetskenergo".
The share registers of these companies are administered by OAO Moscow Central Depository.
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Information for the attention of stock market participants:
Shares in the spin-off companies were distributed among the existing shareholders of the company reorganized through spin-off.
Shareholders in the reorganized regional energo received, for each share of the relevant category (class) held by them, shares of the same category (class) in each of the newly established companies, at the ratio determined in the resolution on the reorganization of the regional energo concerned.
The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the securityholder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.
The new shares are to be credited to the securityholder accounts by the Registrar maintaining the share registers of the newly established companies.
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